VSTECS Berhad (KLSE:VSTECS)

VSTECS Berhad Financials Overview

Financials in millions MYR. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	4,223	3,608	2,902	2,727	2,771	2,626
Revenue Growth	33.15%	24.35%	6.40%	-1.57%	5.51%	30.15%
Gross Profit Gross Profit Growth	252.26	228.69	172.31	153.85	149.78	139.37
Operating Income Operating Income Growth	138.09	121.06	86.53	79.28	76.6	70.59
Net Income Net Income Growth	113.8	98.52	70.57	67.43	59.68	54.99
Earnings Per Share EPS Growth	0.11	0.09	0.07	0.06	0.06	0.05
EPS Growth	44.20%	39.62%	4.66%	12.98%	8.66%	49.62%

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Enterprise Systems Enterprise Systems Growth	2,063	1,653	1,274	1,362	1,376	1,019
ICT Services ICT Services Growth	493.81	470.16	333.6	275.3	188.11	119.88
ICT Distribution ICT Distribution Growth	1,689	1,508	1,319	1,118	1,243	1,525
Elimination of Inter-Segment Elimination of Inter-Segment Growth	-50.34	-50.64	-49.87	-50.09	-57.54	-57.54
Other Non-Reportable Segments Other Non-Reportable Segments Growth	-	27.77	25.11	21.85	20.79	19.42
Total Total Growth	4,223	3,608	2,902	2,727	2,771	2,626

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	64.48	90.2	110.38	155.62	47.93	73.61
Total Debt Total Debt Growth	62.99	23.53	4.41	39.24	15.73	4.02
Net Cash (Debt) Net Cash Growth	1.49	66.67	105.98	116.39	32.2	69.59
Net Cash Growth	-98.16%	-37.09%	-8.94%	261.40%	-53.72%	-25.67%
Net Cash Per Share Net Cash Per Share Growth	0.00	0.06	0.10	0.11	0.03	0.06

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	-51.26	-15.19	10.46	107.55	-22.22	-20.89
Capital Expenditures CapEx Growth	-2.84	-6.31	-1.21	-1.7	-1.78	-0.93
Free Cash Flow Free Cash Flow Growth	-54.1	-21.5	9.25	105.85	-24	-21.82
Free Cash Flow Growth	-	-	-91.26%	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	5.97%	6.34%	5.94%	5.64%	5.41%	5.31%
Operating Margin	3.27%	3.36%	2.98%	2.91%	2.77%	2.69%
Pretax Margin	3.56%	3.58%	3.21%	3.04%	2.89%	2.83%
Profit Margin	2.70%	2.73%	2.43%	2.47%	2.15%	2.09%
FCF Margin	-1.28%	-0.60%	0.32%	3.88%	-0.87%	-0.83%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.036	0.023	0.023	0.022	0.021	0.017
Dividend Per Share Growth	40.30%	-1.30%	4.54%	6.28%	19.65%	47.86%
Dividend Yield	2.05%	1.71%	1.78%	5.33%	5.93%	4.94%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	15.98	14.66	20.41	6.98	6.99	8.05
Forward PE	15.99	14.11	16.88	7.13	6.32	10.90
P/FCF Ratio	-	-	155.76	4.45	-	-
PS Ratio	0.43	0.40	0.50	0.17	0.15	0.17

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error